Bajaj Chetak crosses 7 lakh sales, boosts EV two-wheeler market presence

Bajaj Chetak has surpassed 7 lakh cumulative sales in India, becoming the third electric two-wheeler brand to reach this milestone. Only Ola Electric and TVS Motor Company have achieved higher sales in the segment. According to Vahan data, Bajaj Chetak's total retail sales from FY2021 to May 6, 2026, stand at 7,27,779 units.

Key Highlights

• Bajaj Chetak surpasses 7 lakh cumulative sales in India
• Chetak sales grew 114 percent in FY2025 and 25 percent in FY2026
• Market share rose from 4 percent in FY2023 to 20 percent in FY2025
• Bajaj Auto introduced updated Chetak models with new features and higher top speeds

Of these, nearly 5,77,023 units were sold since FY2025, showing a sharp increase in demand over the last two years. The Chetak's early years saw modest sales, but volumes rose significantly in FY2025. That year, Bajaj Auto sold 2,39,087 Chetak units, an 114 percent increase over FY2024's 1,11,713 units. This growth made Bajaj Auto the third-largest electric two-wheeler manufacturer in India during FY2025.

Sales Growth and Market Position

In FY2026, Bajaj Chetak sales climbed to 2,98,436 units, marking a 25 percent year-on-year increase. This was the first time Bajaj Auto ended a fiscal year as the second-largest electric two-wheeler manufacturer in the country. The strong sales performance also led to significant market share gains for the Chetak brand.

Bajaj Auto held a 4 percent share of India's electric two-wheeler market in FY2023. This share rose to 11 percent in FY2024 and doubled to 20 percent in FY2025. The company maintained a 20 percent share in FY2026. Early trends for FY2027 suggest further growth, with Bajaj Auto retailing about 39,500 electric two-wheelers between April 1 and May 6, 2026. This gave the company a 22 percent market share during this period.

Competitive Landscape and Product Updates

During the same period, TVS Motor Company sold 45,186 units, while Ather Energy retailed 32,434 units. HeroVida accounted for 18,112 units. The electric scooter segment remains highly competitive, with several brands vying for market share.

Bajaj Auto has responded to this competition by updating the Chetak range. The company introduced the revised ‘C Series’ naming, added new features, and increased top speeds. These updates aim to strengthen the Chetak's position in the growing electric scooter market.

Also Read: Bajaj Auto appoints Rakesh Sharma as Joint Managing Director from June 2026

CarBike 360 Says

With the 7 lakh sales milestone, Bajaj Chetak continues to solidify its position as a key player in India’s electric two-wheeler space. Its consistent growth reflects rising consumer trust and the brand’s strategic expansion. As EV adoption accelerates, Bajaj is well-positioned to further scale its presence and play a crucial role in shaping the future of urban mobility.